Refined Wealth Management Long-Term Concentrated

Location: Salt Lake City, UT

CIK: 0001724729 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 15, 2026

Total Value: $149M (100.0% shares, 0.0% debt)

Holdings (43)

VSGX VANGUARD WORLD FD 11.5%

Value $17.09M Shares 238,673 Est. Cost $56.98 Unrealized —

QQQ INVESCO QQQ TR 10.6%

Value $15.74M Shares 25,626 Est. Cost $476.74 Unrealized —

BNDX VANGUARD CHARLOTTE FDS 10.2%

Value $15.13M Shares 313,035 Est. Cost $51.96 Unrealized —

COIN COINBASE GLOBAL INC 8.9%

Value $13.23M Shares 58,518 Est. Cost $112.82 Unrealized +164.1%

VTV VANGUARD INDEX FDS 8.3%

Value $12.37M Shares 64,777 Est. Cost $172.79 Unrealized —

BITB BITWISE BITCOIN ETF TR 6.4%

Value $9.501M Shares 199,766 Est. Cost $41.75 Unrealized —

SRLN SSGA ACTIVE ETF TR 6.1%

Value $9.076M Shares 219,927 Est. Cost $45.43 Unrealized —

BIV VANGUARD BD INDEX FDS 5.1%

Value $7.638M Shares 98,070 Est. Cost $76.64 Unrealized —

GLD SPDR GOLD TR 4.4%

Value $6.558M Shares 16,547 Est. Cost $171.84 Unrealized —

ENVX ENOVIX CORPORATION 4.0%

Value $5.906M Shares 807,937 Est. Cost $11.73 Unrealized -17.5%

VCLT VANGUARD SCOTTSDALE FDS 3.4%

Value $5.063M Shares 66,754 Est. Cost $79.58 Unrealized —

TLT ISHARES TR 3.4%

Value $5.056M Shares 58,006 Est. Cost $104.71 Unrealized —

VO VANGUARD INDEX FDS 2.6%

Value $3.878M Shares 13,363 Est. Cost $233.75 Unrealized —

VB VANGUARD INDEX FDS 2.5%

Value $3.654M Shares 14,167 Est. Cost $221.84 Unrealized —

BBBY BED BATH & BEYOND INC 1.5%

Value $2.279M Shares 417,346 Est. Cost $31.76 Unrealized -77.1%

XRPI VOLATILITY SHS TR 1.2%

Value $1.841M Shares 174,132 Est. Cost $16.77 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 1.1%

Value $1.571M Shares 25,152 Est. Cost $61.64 Unrealized —

NVDA NVIDIA CORPORATION 0.9%

Value $1.27M Shares 6,810 Est. Cost $119.37 Unrealized +55.9%

VOO VANGUARD INDEX FDS 0.8%

Value $1.233M Shares 1,966 Est. Cost $428.68 Unrealized —

NULG NUSHARES ETF TR 0.8%

Value $1.223M Shares 12,510 Est. Cost $58.01 Unrealized —

AMZN AMAZON COM INC 0.8%

Value $1.185M Shares 5,132 Est. Cost $141.61 Unrealized +61.6%

AAPL APPLE INC 0.6%

Value $873K Shares 3,211 Est. Cost $152.56 Unrealized +75.9%

FTSM FIRST TR EXCHANGE-TRADED FD 0.6%

Value $852K Shares 14,209 Est. Cost $59.93 Unrealized —

XMAG TIDAL TRUST II 0.5%

Value $780K Shares 34,566 Est. Cost $22.38 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.4%

Value $606K Shares 3,162 Est. Cost $191.56 Unrealized —

UNP UNION PAC CORP 0.4%

Value $569K Shares 2,459 Est. Cost $202.01 Unrealized +12.5%

VWO VANGUARD INTL EQUITY INDEX F 0.4%

Value $520K Shares 9,677 Est. Cost $53.76 Unrealized —

META META PLATFORMS INC 0.3%

Value $485K Shares 735 Est. Cost $641.93 Unrealized +4.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value $432K Shares 860 Est. Cost $332.28 Unrealized +49.7%

MSFT MICROSOFT CORP 0.3%

Value $423K Shares 875 Est. Cost $500.58 Unrealized 0.0%

TSLA TESLA INC 0.2%

Value $333K Shares 741 Est. Cost $315.27 Unrealized +40.6%

VOT VANGUARD INDEX FDS 0.2%

Value $319K Shares 1,143 Est. Cost $279.14 Unrealized —

VBK VANGUARD INDEX FDS 0.2%

Value $285K Shares 942 Est. Cost $302.11 Unrealized —

GLDM WORLD GOLD TR 0.2%

Value $262K Shares 3,072 Est. Cost $65.52 Unrealized —

BND VANGUARD BD INDEX FDS 0.2%

Value $261K Shares 3,517 Est. Cost $74.07 Unrealized —

SUSA ISHARES TR 0.2%

Value $252K Shares 1,812 Est. Cost $109.17 Unrealized —

XSOE WISDOMTREE TR 0.2%

Value $236K Shares 6,048 Est. Cost $34.48 Unrealized —

ETN EATON CORP PLC 0.1%

Value $204K Shares 641 Est. Cost $311.92 Unrealized +13.6%

AVGO BROADCOM INC 0.1%

Value $201K Shares 581 Est. Cost $357.00 Unrealized 0.0%

NXE NEXGEN ENERGY LTD 0.1%

Value $101K Shares 11,000 Est. Cost $4.80 Unrealized +83.8%

DNN DENISON MINES CORP 0.0%

Value $28,861 Shares 10,850 Est. Cost $1.41 Unrealized +92.8%

BBBY/WS BED BATH & BEYOND INC 0.0%

Value $27,166 Shares 41,161 Est. Cost $0.66 Unrealized —

URG UR-ENERGY INC 0.0%

Value $15,012 Shares 10,800 Est. Cost $1.42 Unrealized +4.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VSGX	VANGUARD WORLD FD	238,673	$17.09M	11.5%	$56.98	—	ESG INTL STK ETF	921910725
QQQ	INVESCO QQQ TR	25,626	$15.74M	10.6%	$476.74	—	UNIT SER 1	46090E103
BNDX	VANGUARD CHARLOTTE FDS	313,035	$15.13M	10.2%	$51.96	—	TOTAL INT BD ETF	92203J407
COIN	COINBASE GLOBAL INC	58,518	$13.23M	8.9%	$112.82	+164.1%	COM CL A	19260Q107
VTV	VANGUARD INDEX FDS	64,777	$12.37M	8.3%	$172.79	—	VALUE ETF	922908744
BITB	BITWISE BITCOIN ETF TR	199,766	$9.501M	6.4%	$41.75	—	SHS BEN INT	09174C104
SRLN	SSGA ACTIVE ETF TR	219,927	$9.076M	6.1%	$45.43	—	STATE STREET BLA	78467V608
BIV	VANGUARD BD INDEX FDS	98,070	$7.638M	5.1%	$76.64	—	INTERMED TERM	921937819
GLD	SPDR GOLD TR	16,547	$6.558M	4.4%	$171.84	—	GOLD SHS	78463V107
ENVX	ENOVIX CORPORATION	807,937	$5.906M	4.0%	$11.73	-17.5%	COM	293594107
VCLT	VANGUARD SCOTTSDALE FDS	66,754	$5.063M	3.4%	$79.58	—	LG-TERM COR BD	92206C813
TLT	ISHARES TR	58,006	$5.056M	3.4%	$104.71	—	20 YR TR BD ETF	464287432
VO	VANGUARD INDEX FDS	13,363	$3.878M	2.6%	$233.75	—	MID CAP ETF	922908629
VB	VANGUARD INDEX FDS	14,167	$3.654M	2.5%	$221.84	—	SMALL CP ETF	922908751
BBBY	BED BATH & BEYOND INC	417,346	$2.279M	1.5%	$31.76	-77.1%	COM	690370101
XRPI	VOLATILITY SHS TR	174,132	$1.841M	1.2%	$16.77	—	XRP ETF	92864M780
VEA	VANGUARD TAX-MANAGED FDS	25,152	$1.571M	1.1%	$61.64	—	VAN FTSE DEV MKT	921943858
NVDA	NVIDIA CORPORATION	6,810	$1.27M	0.9%	$119.37	+55.9%	COM	67066G104
VOO	VANGUARD INDEX FDS	1,966	$1.233M	0.8%	$428.68	—	S&P 500 ETF SHS	922908363
NULG	NUSHARES ETF TR	12,510	$1.223M	0.8%	$58.01	—	NUVEEN ESG LRGCP	67092P201
AMZN	AMAZON COM INC	5,132	$1.185M	0.8%	$141.61	+61.6%	COM	023135106
AAPL	APPLE INC	3,211	$873K	0.6%	$152.56	+75.9%	COM	037833100
FTSM	FIRST TR EXCHANGE-TRADED FD	14,209	$852K	0.6%	$59.93	—	FIRST TR ENH NEW	33739Q408
XMAG	TIDAL TRUST II	34,566	$780K	0.5%	$22.38	—	DEFIANCE LARGE	88636R743
RSP	INVESCO EXCHANGE TRADED FD T	3,162	$606K	0.4%	$191.56	—	S&P500 EQL WGT	46137V357
UNP	UNION PAC CORP	2,459	$569K	0.4%	$202.01	+12.5%	COM	907818108
VWO	VANGUARD INTL EQUITY INDEX F	9,677	$520K	0.4%	$53.76	—	FTSE EMR MKT ETF	922042858
META	META PLATFORMS INC	735	$485K	0.3%	$641.93	+4.0%	CL A	30303M102
BRK/B	BERKSHIRE HATHAWAY INC DEL	860	$432K	0.3%	$332.28	+49.7%	CL B NEW	084670702
MSFT	MICROSOFT CORP	875	$423K	0.3%	$500.58	0.0%	COM	594918104
TSLA	TESLA INC	741	$333K	0.2%	$315.27	+40.6%	COM	88160R101
VOT	VANGUARD INDEX FDS	1,143	$319K	0.2%	$279.14	—	MCAP GR IDXVIP	922908538
VBK	VANGUARD INDEX FDS	942	$285K	0.2%	$302.11	—	SML CP GRW ETF	922908595
GLDM	WORLD GOLD TR	3,072	$262K	0.2%	$65.52	—	SPDR GLD MINIS	98149E303
BND	VANGUARD BD INDEX FDS	3,517	$261K	0.2%	$74.07	—	TOTAL BND MRKT	921937835
SUSA	ISHARES TR	1,812	$252K	0.2%	$109.17	—	ESG OPTIMIZED	464288802
XSOE	WISDOMTREE TR	6,048	$236K	0.2%	$34.48	—	EM EX ST-OWNED	97717X578
ETN	EATON CORP PLC	641	$204K	0.1%	$311.92	+13.6%	SHS	G29183103
AVGO	BROADCOM INC	581	$201K	0.1%	$357.00	0.0%	COM	11135F101
NXE	NEXGEN ENERGY LTD	11,000	$101K	0.1%	$4.80	+83.8%	COM	65340P106
DNN	DENISON MINES CORP	10,850	$28,861	0.0%	$1.41	+92.8%	COM	248356107
BBBY/WS	BED BATH & BEYOND INC	41,161	$27,166	0.0%	$0.66	—	*W EXP 10/07/202	075896159
URG	UR-ENERGY INC	10,800	$15,012	0.0%	$1.42	+4.6%	COM	91688R108